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|Articles - December 2011|
|Tuesday, November 15, 2011|
By Peter Beland
Despite a housing market that is still depressed, one housing development in Bend — one of the hardest-hit cities in the housing-led recession — seems to be bouncing back. As of October, 21% (about 59) of all 2011 single-family new home construction permits in the city were issued for Northwest Crossing, according to city data, the most for any single development for single-family homes.
The 486-acre mixed-use development currently has around 600 housing units built, roughly half its capacity. It has seen continuous growth in the past three years, according to the company.
Between 2000 and 2010, Deschutes County had among the highest population growth rates in the country at 36.7%. But it also saw a 78.6% increase in vacant homes in that same time period. During the recession, home values were cut in half and unemployment was well over 16%. “I haven’t seen a subdivision application in years,” says Bend senior planner Heidi Kennedy.
The 10-year-old Northwest Crossing bucks that downward trend with its appeal to high-end consumers and an emphasis on sustainable, urban living. The median home price at Northwest Crossing is $372,000 versus Bend’s Q3 2009 median home price of $212,000.
With more than a mile and a half of tree-lined trails that interconnect with businesses located on the first floors of sustainably built homes, to light industrial parks next to greenways, the development has attracted consumers from across the country looking for a place in which to live, work and play. Northwest Crossing general manager David Ford said he and his colleagues spent years consulting with mixed-use designers such as Portland-based Walker Macy before settling on the final layout for the community.
A decade ago, Bend did not even have a zoning code for what property developer West Bend Property Co. had in mind: high-density and mixed-use. “It has a diversity of design you don’t see in other subdivisions,” says Kennedy.
A small fraction of Northwest Crossing is low-income housing. To date, the development includes Discovery Park Lodge senior affordable housing project as well as three low-income housing units, with another on the way.
Bend’s beauty attracted many homeowners in the past and still does in the case of Northwest Crossing, even as the region continues to struggle. “I think we’ll continue to see people working on remodels and additions,” says Kennedy. “But it’s spread out and not as frenzied. That’ll be our future for a while.”
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Friday, May 30, 2014
Watch the 2014 100 Best Green Companies keynote speech by Eric Friedenwald-Fishman.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
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